Director at First Advantage (FA) receives 12,805 RSUs in grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sim Judith reported acquisition or exercise transactions in this Form 4 filing.
First Advantage Corp director Judith Sim received an equity grant of 12,805 shares of Common Stock in the form of restricted stock units at a grant price of $0.00 per share. These units will vest on the first anniversary of the grant date or the business day immediately preceding the 2027 annual stockholders’ meeting, subject to her continued board service. Following this award, she directly holds 73,950 shares of the company’s stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sim Judith
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,805 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 73,950 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 12,805 shares
Grant price per share: $0.00 per share
Total shares after grant: 73,950 shares
+1 more
4 metrics
RSU grant size
12,805 shares
Restricted stock units granted to director Judith Sim
Grant price per share
$0.00 per share
Equity award issued as non-cash compensation
Total shares after grant
73,950 shares
Judith Sim’s direct holdings following the award
Vesting timing
First anniversary or before 2027 meeting
RSUs vest by first anniversary or business day before 2027 annual meeting
Key Terms
restricted stock units, vest, annual meeting of the Company's stockholders, continued service
4 terms
restricted stock units financial
"Represents a grant of restricted stock units which will vest on the first anniversary"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"which will vest on the first anniversary of the date of grant"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of the Company's stockholders regulatory
"immediately preceding the date of the annual meeting of the Company's stockholders in 2027"
continued service financial
"subject to the director's continued service through the vesting date"
FAQ
What did First Advantage (FA) director Judith Sim report in this Form 4?
Judith Sim reported receiving 12,805 restricted stock units. The award represents additional equity compensation in First Advantage Corp common stock and increases her direct holdings to 73,950 shares after the transaction.
When do Judith Sim’s new restricted stock units in First Advantage vest?
The restricted stock units vest on the first anniversary of the grant date. They can also vest earlier, on the business day immediately before the 2027 annual meeting, if that is earlier, assuming she continues serving as a director.
What are Judith Sim’s total First Advantage (FA) holdings after this transaction?
After the grant, Judith Sim directly holds 73,950 shares. This figure includes the newly awarded 12,805 restricted stock units reported in the Form 4 filing for First Advantage Corp.
Was cash paid for Judith Sim’s First Advantage restricted stock unit grant?
No cash was paid for this equity award. The Form 4 lists a transaction price per share of $0.00, indicating the 12,805 restricted stock units were granted as non-cash director compensation.